Official Student Debt Cancellation Watch Thread

dtownreppin214

l'immortale
Supporter
Joined
Apr 30, 2012
Messages
56,138
Reputation
10,687
Daps
193,263
Reppin
Shags & Leathers
Good catch...

Not quite sure though.

That means testing is about to steal defeat from the jaws of victory :bryan:

Maybe $2500 per year that you were awarded the pell grant

Up to seems to mean if you have a pell grant and a balance of 22k you will get 20k forgiven. If the debt is 15k then 15k will be forgiven.

Non pell grant if the debt is 12k then 10k is forgiven. Debt is 8k then 8k is forgiven. Etc.

Hopefully. :yeshrug:
@Typical Knicks Fan is correct.


What does the “up to” in “up to $20,000” or “up to $10,000” mean?

  • Your relief is capped at the amount of your outstanding debt.
  • For example: If you are eligible for $20,000 in debt relief, but have a balance of $15,000 remaining, you will only receive $15,000 in relief.
 

kdslittlebro

Veteran
Supporter
Joined
Jun 14, 2018
Messages
22,839
Reputation
3,014
Daps
75,750

FAH1223

Go Wizards, Go Terps, Go Packers!
Staff member
Supporter
Joined
May 16, 2012
Messages
75,251
Reputation
8,826
Daps
225,916
Reppin
WASHINGTON, DC
Yea, I'm trying to figure this out too b/c I graduated with my bachelors debt free b/c pell covered almost everything. Grad school is where all my debt came from.
I’m in the same boat. I believe we can get the $20k

My brother has $20k left so he just called me happy as hell :salute:
 

Serious

Veteran
Supporter
Joined
Apr 30, 2012
Messages
80,436
Reputation
14,419
Daps
191,564
Reppin
1st Round Playoff Exits
Top